Iranian Energy Minister Reza Ardakanian has highlighted Tehran and Baghdad’s determination to raise the value of annual trade exchanges to $20 billion, pointing to the major role that the private sectors and a joint investment fund could play in working towards that goal.
The 20th edition of Iran International Water and Waste Water Exhibition (WATEX 2021) and the 16th Iran International Electricity Exhibition (IEE 2021) will be held in Tehran within the next few days.
The Iranian president has called for more investment in the country’s high-tech industries, including the nanotechnology sector.
The Iranian energy minister says Iran and Iraq have reached an agreement under which Baghdad will pay for Iran’s energy sales to Iraq in euros in a bid to mitigate the problems caused by the US sanctions.
Iranian Energy Minister Reza Ardakanian has discussed Tehran-Baghdad cooperation in separate meetings with senior Iraqi officials.
Iran and Armenia have discussed exports of natural gas as well as the extension of a natural gas-electricity barter agreement.
Iran has inaugurated five major petrochemical projects as part of its routine weekly program to put into service national projects across the country.
Iran and the Azerbaijan Republic have agreed to forge closer cooperation in the energy sector.
Iran’s oil minister says the country has reached an agreement with Russia for technical cooperation in the oil and gas sector.
Iranian Petroleum Minister Bijan Namdar Zangeneh, who is visiting Moscow to discuss the latest developments in the global oil market, says it is still too early to talk about Tehran’s return to the market.